Page 12 - Bitcoin

15 mn Bitcoin stagnant in past 6 months amid cryptocurrency winter

In a significant concern for many in the cryptocurrency community amid the deepening crypto winter, the total amount of inactive Bitcoin (BTC) for at least six months has grown to over 15 million

WazirX's reserves at $284.4 million, highest in the form of Shiba Inu

Indian crypto exchange's reserve-to-liability ratio stands at 1:1

CoinSwitch says it has a surplus of users' crypto assets worth Rs 1,083 cr

Exchange says it has enough reserves to meet withdrawals made by its users even in "turbulent" times

Crypto wrap: Market up but Gemini-DCG fiasco poses threat, say experts

Co-Founder of crypto exchange Gemini Cameron Winkelvoss gave a soft ultimatum to Digital Currency Group (DCG) CEO Barry Silbert to collaborate on repaying Genesis by January 8

US regulators issue their first-ever joint warning on cryptocurrency risks

Banks were also cautioned over the "contagion risk" from the sector

Cryptocurrency in 2022: What it was, what it is, and what to expect in 2023

Cryptocurrency: Business Standard talked to various crypto firms in India about how 2023 will be for the industry. Here's what they said

Crypto wrap: Central banks' commentary on inflation keeping market weak

Cryptocurrency news: Both Bitcoin and Ethereum have been trading below crucial support levels

Costs and benefits

Cryptos are speculative but underlying tech has merits

Delhi, Jaipur recorded highest crypto adoption in 2022: CoinSwitch

CoinSwitch annual report: The highest holdings in the virtual currencies in India were in Bitcoin, and it was followed by Dogecoin and Ethereum

Cryptoverse: Bidding adieu to 2022, the year that broke bitcoin by 60%

Crypto funds have seen net inflows of $498 million in 2022, versus $9.1 billion in 2021

After Binance, crypto exchange CoinDCX publishes Proof of Reserves

The company said that it intends to post its PoR every quarter and will soon launch a live dashboard to show its reserves and liabilities in real-time for investors

Crypto wrap: Macro indicators improve, market stable despite Fed rate hike

On December 15, after the US inflation of 7.1 per cent for November was announced, Bitcoin touched its five-week high of $18,400

Crypto wrap: Market stable even as FTX fallout claims one more victim

The total market cap has improved marginally from $855 billion last Friday to $859 billion on December 9

How two Pythagoras crypto hedge funds dodged the market collapse

Pythagoras Investment Management LLC has two funds that have been rare bright spots in a market that's been eviscerated by a number of scandals

Crypto wrap: Positive commentary from Jerome Powell keeps market stable

In the last 7 days, Bitcoin (BTC) rose over 3 per cent and was trading at $16,970 on Friday. Ethereum (ETH) was up nearly 9 per cent and was trading at $1,280

Binance launches website for proof-of-reserves system for Bitcoin reserves

The company currently has a 101 per cent reserve ratio. This indicates that it has enough BTCs available to cover every user's balance, reports TechCrunch

After FTX chaos, Indian crypto exchanges try to calm nervous investors

Cryptocurrency news: On Friday, the crypto market cap was at $826 billion, Bitcoin was trading at $16,451 and Ethereum at $1,180

US Dollar steadies as China tightens Covid-19 curbs, bitcoin under pressure

The euro was up 0.14% to $1.0258 after an 0.8 %loss on Monday, sterling rose 0.19% to $1.1838, partially reversing its 0.6% fall, and the dollar was at 141.86 yen down 0.18% after a 1.2% gain

India saw third-highest crypto app downloads between 2015 and 2022: BIS

Experts attributed it to the bull run in the market, curiosity around the crypto technology and access to smartphones and better internet facilities in India

Crypto wrap: Bitcoin prices may fall before bouncing back, say experts

The cryptocurrency market cap remained below $850 billion in the last seven days, and on Friday, the market cap was $835 billion